China leads the global export of check valves by a substantial margin, accounting for 40.48% of the total share, followed by the United States at 15.49%. Mexico, despite a smaller share, showed a significant year-on-year increase of 11.44%. Europe shows a fragmented market, with Germany, Italy, and Spain holding modest shares. Over the past year, minor fluctuations are observed, with notable declines in countries like Japan and France.
Looking forward, emerging countries such as Indonesia and India are gaining traction, which may shift the dynamics slightly. These trends suggest potential reshuffling of shares in lesser-known European and African countries, driven mainly by increasing infrastructural demands. Watch for technological advancements and regional trade agreements that may impact the distribution of check valve exports.
Top countries in Export of Check Valves Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 40.48 | 2023 | +4.64% | +4.23% | View data |
| 2 | 2 United States | 15.49 | 2023 | +3.55% | +3.95% | View data |
| 3 | 3 Mexico | 4.53 | 2023 | +1.03% | +11.44% | View data |
| 4 | 4 Germany | 4.18 | 2023 | +1.39% | +1.73% | View data |
| 5 | 5 Italy | 4.04 | 2023 | +0.96% | +1.24% | View data |
| 6 | 6 Spain | 3.84 | 2023 | +4.44% | +0.59% | View data |
| 7 | 7 United Kingdom | 3.25 | 2023 | +1.32% | +2.13% | View data |
| 8 | 8 South Korea | 2.34 | 2023 | +0.96% | +0.88% | View data |
| 9 | 9 Indonesia | 1.72 | 2023 | +1.73% | +1.62% | View data |
| 10 | 10 Japan | 1.65 | 2023 | -1.68% | -2.13% | View data |